Q & M Dental Group (Singapore) Limited (SG:QC7) has released an update.
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Q & M Dental Group (Singapore) Limited announced that its subsidiary, Acumen, will cease operations at its Sengkang Joint Testing Vaccination Centre from December 2024, following a strategic review. The Laboratory Business, already temporarily halted due to an expired license, reported losses from non-COVID-19 PCR tests, while profitability in 2023 and the first half of 2024 was driven by a government vaccination contract.
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